Swaziland - Money and quasi money

Money and quasi money (M2) (current LCU)

The value for Money and quasi money (M2) (current LCU) in Swaziland was 8,778,409,000 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 8,778,409,000 in 2011 and a minimum value of 10,779,000 in 1970.

Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.

Source: International Monetary Fund, International Financial Statistics and data files.

Year

Value

1970

10,779,000

1971

14,132,000

1972

13,959,000

1973

22,320,000

1974

40,651,000

1975

61,501,000

1976

77,105,000

1977

89,484,000

1978

114,580,000

1979

117,604,000

1980

133,704,000

1981

141,317,000

1982

161,384,000

1983

198,142,000

1984

238,669,000

1985

293,262,000

1986

325,900,000

1987

371,749,000

1988

510,024,000

1989

640,916,000

1990

644,744,000

1991

774,291,000

1992

938,556,000

1993

1,065,865,000

1994

1,181,764,000

1995

1,227,425,000

1996

1,427,913,000

1997

1,705,044,000

1998

1,924,524,000

1999

2,225,300,000

2000

2,078,277,000

2001

2,280,494,000

2002

2,582,457,000

2003

2,955,424,000

2004

3,162,591,000

2005

3,469,913,000

2006

4,340,299,000

2007

5,271,963,000

2008

6,082,962,000

2009

7,713,230,000

2010

8,322,734,000

2011

8,778,409,000

Money and quasi money (M2) as % of GDP

Money and quasi money (M2) as % of GDP in Swaziland was 29.56 as of 2011. Its highest value over the past 41 years was 38.68 in 1978, while its lowest value was 12.38 in 1972.

Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS).

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

Money and quasi money (M2) to total reserves ratio

Money and quasi money (M2) to total reserves ratio in Swaziland was 2.01 as of 2011. Its highest value over the past 37 years was 4.44 in 1974, while its lowest value was 0.85 in 2000.

Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.

Source: International Monetary Fund, International Financial Statistics and data files.